Hyd has highest Grade A office vacancy among 4 cities
The Times of India Hyderabad|June 22, 2022
Even as a buoyant IT/ITES sector has helped rein in vacancy levels of Grade A office space in India's top four IT hubs of Hyderabad, Bengaluru, Chennai and Pune, Hyderabad has emerged as the city with the highest vacancy levels among the IT hubs, a report by real estate consultancy firm ANAROCK said.
Swati Bharadwaj
Hyd has highest Grade A office vacancy among 4 cities

Hyderabad: This even as markets such as Delhi NCR, Mumbai Metropolitan Region (MMR) and Kolkata have recorded over 16% office vacancies despite significant office demand coming from non-IT sectors such as BFSI as well as manufacturing and industrial sector.

According to ANAROCK, though Bengaluru has the highest Grade-A office stock of around 168 million sq ft (msft) it has office space vacancy of only about 11.25%, even has Hyderabad has the highest vacancy levels of 15% (among the four IT/ITES hubs) though it has a lower about 80 msft.

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